Processing loans on some systems can be a real chore and this slows down the process instead of aiding the processing. Our system is designed to do the opposite.

Arrears management

As well as processing the loan, the system can be tailored to give you your exact arrears management and reporting requirements or you can take our ‘off the shelf’ reporting modules. This means that as well as seeing which clients are late paying, you can also see which clients have exceeded their LTV or term of loan, instead of finding this out many months into the future. You may also want to know which loan payers are due within so many days so that you can remind the forgetful ones. For example. a late payer who is notified 4 to 10 days prior to making the payment, will more than likely make the payment on time. This can be automated via email, but a simple dashboard or report can be generated.

Loan Statements

Loan, mortgage and redemption statements can be produced at the click of a button. You may even want these automated if you do a lot of serviced loans.

Regulation

You may have to produce statements each month for your regulators and we can help automate these for you.

Credit Bureaus

As part of your credit checking process you may have to submit data to credit checking agencies and we can help automate these for you too.